Five Things Rich People Know That You Don’t

7/2/2014 7:58PM

Financially successful people don’t build their wealth by accident, but through discipline and willpower. MarketWatch's Jim Jelter discusses five habits of the rich that you can start putting into practice now. (Photo: Getty Images)

This transcript has been automatically generated and may not be 100% accurate.

I ... the ... it is too well ... with the wealth they usually travel in this a row ... by Amgen Jelter MarketWatch ... during a call by Jocelyn Black cards resident financial advisors DailyWorth dot com ... takes a look of ten healthy habits practice but it will be ... that you might not think about women over ... her five ... number one ... start rule ... the Sirius Star saving money and putting into words the better off you'll be in retirement ... they can do this in a number of ways an IRA or a whirlwind day of the most common ... but the important thing is to do this as soon as possible ... to sock away as much as you can afford ... which brings us to point number two ... autumn ... set up automatic payroll contributions to your return ... were set up automatic transfers to your savings account from your checking account ... this ensures you will be sent to spend money you should use a Number three ... maximize this country ... don't start small and slowly increase your contributions of time ... gold for the maximum the consumer side write the story ... in other words ... say avoid the media ... to get a much bigger nest it down the road number four ... never carry a credit card balances for the best ways to torpedo your chances of ever been well he ... has to carry revolving ... high interest debt on to chronicle ... over time this would cost ... thousands of dollars ... the way to prevent this might seem hard but is amazingly simple ... pay off your credit card bill that would want ... all of ... the maturing of balance and credit cards ... are spending more than you can for ... and finally number five ... would like Europe or ... rather an employee of money on lecturing his high living learned to rein in your spending athletes ... a few tips ... for staying away from them all ... unsubscribe ... Retail females ... don't sign up for new ones ... and shown any offer that you know will cost you money ... even if you're rich are getting a good deal ... chances are extremely high ... it's a great deal on something you don't need ... at all ...